Italian Restaurant & Delicatessen in an Up Scale Miami area

Contact Seller
Asking Price:
$1,600,000

Gross Revenue:
$1,567,000
Cash Flow:
 Not Disclosed
EBITDA:
$173,700
Inventory:
$50,000
included in asking price

FF&E:
$1,100,000
included in asking price

Share this business:

Business Description

ITALIAN RESTAURANT & DELICATESSEN IN THE FAST-CASUAL / GOURMET MIXED CONCEPT. Miami Business Brokers is proud to present this outstanding business opportunity located in one of the most desirable neighborhoods in Miami. This unit was built as a model store for a new franchising project with high-end finishing and materials. Kitchen is fully equipped with brand new state-of-the-art Equipment. Over $1.6 million was invested just to be open to business, no expenses were spared. Sales for the first year were over $1.5 million and they keep growing steadily. Definitely, this booming concept is destined to be a complete success for the right entrepreneur. Besides, this investment might well qualify a foreign investor to obtain any immigrant visa (E2, EB5 or L1 Visas) for him and his family.
BE PART OF THE FASTEST GROWING FOOD CONCEPT WORLDWIDE!
TAKE OWNERSHIP NOW!

**STRICTLY CONFIDENTIAL. All interested parties must fully complete and sign a non-disclosure (NDA) and Buyer Profile Form (Attached to this add) before releasing any further information.

About the Business

Year Established:
2016
Number of Employees:
25
Real Estate:
Leased
Building Sq. Ft.:
3,050
Lease Amount/Mo.:
$12,500.00
Facilities:
Located in one of the most affluent area in Miami, the facility was completely built out with high-end finishing and materials: interior, walls, floors, ceilings, tables, and seating are all super trendy with an European appeal. Kitchen is fully equipped with brand new state-of-the-art equipment. Over 1.6 million dollars were invested in the build out of this facility less than two years ago, no expenses spared. This unit was built as model store for a new franchising project.
Market Outlook/
Competition:
This concept restaurant has no competition in the area. If you are familiar with the restaurant business, fast casual restaurant concept has been one of the strongest segments in the restaurant industry over the past decade. Fast casual restaurants are among the fastest growing food service segments around the world. The most important demographic contributing to this growth is millennial, who appreciate fresh flavors, innovative concepts, and exceptional ingredients. Since its opening this restaurant continues to evolve to fit customer’s needs and preferences, that is the main reason of this extraordinary growth.
Growth & Expansion:
Business is located within a very strong market, affluent area surrounded by multi-story office buildings, hotels, high-end residential properties and a continuous flow of tourists. Great opportunity for a savvy entrepreneur to reduce employee/food cost, improve cash flow, and set up its own franchise with this innovative mixed concept. Take full advantage and make it your triumph.
Contact the Seller

About the Sale

Reason For Selling:
Partnership differences about next steps to follow in the advance of the project
Training/Support:
Management team, servers and chef ready to stay, however current owner will offer transitional training and support upon terms and conditions.
Seller Financing:
This investment might well qualify a foreign investor to obtain an immigrant visa

Listing Info

ID:
1491234
Ad Detail Views:
890

Attached Files Attachment Disclaimer

  NDA (124 KB)
Download



Contact the Seller
$
months
Please confirm you're not a robot
Contact the Seller
Business Listed by

J.VICENTE MEDINA

MIAMI BUSINESS BROKERS
License# FLORIDA STATE # SL3229795

 Show Phone Number

View My Active Listings
U.S. Census Data for Miami-Dade County, FL
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Miami-Dade County, FL
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


Similar Listings


Report an Issue The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.
;